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Moscow wants new trade deal with London after Brexit

31 January 2020 16:05 (UTC +04:00)

A Russian ambassador has announced Moscow’s readiness to sign a new trade deal with London after the UK’s withdrawal from the EU, APA reports citing Sputnik.

The statement comes as time is already ticking for Brexit, which is due to take place later in the day and which will be followed by an 11-month transition period.

In August 2019, Russia's trade representative in London Boris Abramov underscored that concluding a new trade deal between Moscow and London “would be beneficial to both parties”.

Abramov added that despite whether the United Kingdom left the European Union with or without a deal, Moscow and London would continue, at the very least, to trade under the policies outlined by the World Trade Organization.